Reichhold Announces Price Increase on Unsaturated Polyester Resins, Vinyl Ester Resins, Gelcoats and Bonding Pastes for European Composites Industry

Effective on all shipments as of October 01^st, 2012

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Reichhold announced today a price increase effective for all orders shipped on or after October 1, 2012 in Europe of 100 EUR/MT on all unsaturated polyester resins, gelcoats, bonding pastes and vinyl ester resins.

Alberto Piccinotti, Vice-President Commercial Europe stated “Raw Material prices continue to be difficult to predict and their further sharp and sudden increase leave us no choice but to raise our prices immediately. Raw material costs are expected to remain volatile for the foreseeable future given uncertainties in the global economies. We appreciate the understanding of our customers as we continue doing everything possible to limit the impact of rising costs and limited raw material availability upon product pricing and supply.”

For more information on Reichhold’s technologies for the composites industry, visit www.reichhold.com or email [e-mail].

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About Reichhold

Founded in 1927, Reichhold, with its world headquarters and technology center in Research Triangle Park, North Carolina, USA, is one of the world’s largest manufacturer of unsaturated polyester resins and a leading supplier of coating resins for the industrial, transportation, building and construction, marine, consumer and graphic arts markets. Reichhold has manufacturing operations throughout North America, Latin America, Europe, the Middle East and Asia.

Reichhold’s composite brands are:

POLYLITE^® All standard Reichhold resin products for composites, for both reinforced and non-reinforced applications

HYDREX^® High-performance vinyl ester resins designed specifically for excellent hydrolytic stability in applications such as boat building and spa manufacturing

NORPOL^® Compounded products, chiefly gelcoats and bonding pastes; also the brand for LP-additives for SMC/ BMC and pultrusion

DION^® Industrial resin products (especially vinyl ester resins), including those for corrosion-resistant, flame-retardant and pultrusion applications; also the brand for higher performance polyester resins across all markets

ENVIROLITE^® “GREEN” products containing renewable and/or recycled materials